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Information about Finnlines' Q4 result 2008
Finnlines Plc Stock Exchange Release 14 January 2009
FINNLINES FOURTH QUARTER RESULT 2008
According to November country statistics Finnish exports calculated in euro decreased by 20 % and imports by 14 % compared to the previous year. Lorry and trailer units between Finland and Germany declined over 10 per cent and between Sweden and Germany almost 14 % in November. The same trend continued in December. During the fourth quarter of 2008 Finnlines was heavily affected by this sharp decline in volumes. This was shown in cargo units carried by the shipping and sea transportation division and in units handled by port operations division of the company. The company's operating profit for the fourth quarter will be affected by the dramatic change in market conditions.
Finnlines will publish the full year 2008 report on the 18th of February, 2009.
President and CEO
NASDAQ OMX Helsinki